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help please Kansas Enterprises purchased equipment for $77,000 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual

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Kansas Enterprises purchased equipment for $77,000 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,300 at the end of five years. Using the double-declining balance method, depreciation expense for 2022 would be: (Do not round your intermediate calculations) Multiple Choice | o $18,480. o $28,280. o $16,968. o $30,800

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